Community Friends Educational Corp

Analysis

Community Friends Educational Corp is a registered charity in United States, based in Millville, PA. It received its IRS tax-exemption ruling in May 1979, 47 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Friends Educational Corp reported income of $618k and spending of $661k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $853k to $618k (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Friends Educational Corp sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include National College of Midwifery Inc ($618k), Durango Early Learning Center Inc ($618k) and Tri-Star Gymnastics Inc ($618k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 21% of the total. Other salaries and wages came to $423k. At year end it held assets of $1.3m against liabilities of $259k, net assets of $1.1m. It reported 22 employees.